GDB Holdings Bhd (XKLS:0198) Receivables Turnover : 0.34 (As of Mar. 2024)

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What is GDB Holdings Bhd Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. GDB Holdings Bhd's Revenue for the three months ended in Mar. 2024 was RM44.5 Mil. GDB Holdings Bhd's average Accounts Receivable for the three months ended in Mar. 2024 was RM129.3 Mil. Hence, GDB Holdings Bhd's Receivables Turnover for the three months ended in Mar. 2024 was 0.34.

GDB Holdings Bhd Receivables Turnover Historical Data

The historical data trend for GDB Holdings Bhd's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GDB Holdings Bhd Receivables Turnover Chart

GDB Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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11.38

12.90

8.40

4.37

2.08

GDB Holdings Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.51	0.71	0.63	0.61	0.34

Competitive Comparison of GDB Holdings Bhd's Receivables Turnover

For the Engineering & Construction subindustry, GDB Holdings Bhd's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GDB Holdings Bhd's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, GDB Holdings Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GDB Holdings Bhd's Receivables Turnover falls into.

GDB Holdings Bhd Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

GDB Holdings Bhd's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	319.649	/ (	(165.369	+	141.738)	/	2 )
=	319.649	/	153.5535
=	2.08

GDB Holdings Bhd's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	44.476	/ (	(141.738	+	116.81)	/	2 )
=	44.476	/	129.274
=	0.34

GDB Holdings Bhd (XKLS:0198) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

GDB Holdings Bhd Receivables Turnover Related Terms

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GDB Holdings Bhd (XKLS:0198) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GDB Holdings Bhd (XKLS:0198) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sekitar 26 Enterprise, A-02-01, F-02-01 & F-02-02, Persiaran Hulu Selangor, Seksyen 26, Shah Alam, SGR, MYS, 40400

Website

https://www.gdbhb.com.my

GDB Holdings Bhd is engaged in providing construction services, for residential, commercial, and mixed-development projects. The company is involved in the implementation of construction projects which includes daily management of all the works required for the timely completion of the projects. It also engages subcontractors to provide certain services such as the supply and installation of construction materials, machinery and equipment, and other specialized trade work. The group principally operates in Malaysia. The key revenue is derived from construction activities.

GDB Holdings Bhd (XKLS:0198) Headlines

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